HAGLAND BULK SHIPPING AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

781,33 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	263 505 000	239 175 000	211 996 000	205 510 000
Net Income	46 622 000	41 120 000	35 006 000	20 525 000
Total Assets	69 593 000	60 850 000	51 250 000	33 543 000
Total Equity	5 967 000	5 745 000	5 625 000	5 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	263 505 000	239 175 000	211 996 000	205 510 000
Expenditure	217 827 000	197 635 000	177 455 000	184 756 000
Operating Profit	45 678 000	41 540 000	34 541 000	20 754 000
Financial Income	920 000	1 290 000	466 000	222 000
Financial Costs	−173 000	1 663 000	−45 000	404 000
Financial Balance	1 093 000	−373 000	511 000	−182 000
Earnings Before Tax	46 771 000	41 168 000	35 052 000	20 571 000
Tax	149 000	48 000	47 000	46 000
Net Income	46 622 000	41 120 000	35 006 000	20 525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 515 000	1 552 000	1 314 000	912 000
Total Current Assets	68 078 000	59 298 000	49 936 000	32 631 000
Total Assets	69 593 000	60 850 000	51 250 000	33 543 000
Total Retained Equity	4 517 000	4 295 000	4 175 000	4 169 000
Total Equity	5 967 000	5 745 000	5 625 000	5 619 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 627 000	55 106 000	45 625 000	27 924 000
Total Equity and Debt	69 593 000	60 850 000	51 250 000	33 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	263 505 000	239 175 000	211 996 000	205 510 000
Other Income	0	0	0	0
Revenue	263 505 000	239 175 000	211 996 000	205 510 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	217 827 000	197 635 000	177 455 000	184 756 000
Operating Profit	45 678 000	41 540 000	34 541 000	20 754 000
Financial Income	920 000	1 290 000	466 000	222 000
Financial Costs	−173 000	1 663 000	−45 000	404 000
Financial Balance	1 093 000	−373 000	511 000	−182 000
Dividends	0	0	0	0
Net Income	46 622 000	41 120 000	35 006 000	20 525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 515 000	1 552 000	1 314 000	912 000
Total Fixed Assets	1 515 000	1 552 000	1 314 000	912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 211 000	7 013 000	28 666 000	16 590 000
Total Current Assets	68 078 000	59 298 000	49 936 000	32 631 000
Total Assets	69 593 000	60 850 000	51 250 000	33 543 000
Total Equity	5 967 000	5 745 000	5 625 000	5 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 446 000	9 303 000	5 963 000	4 264 000
Unpaid Taxes	46 400 000	41 000 000	35 000 000	20 500 000
Dividends	0	0	0	0
Other Current Debt	4 632 000	4 755 000	4 615 000	3 114 000
Total Current Debt	63 627 000	55 106 000	45 625 000	27 924 000
Total Equity and Debt	69 593 000	60 850 000	51 250 000	33 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	781,33 %	715,75 %	622,33 %	365,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,33 %	17,37 %	16,29 %	10,1 %
Current Ratio	1,07	1,08	1,09	1,17
Quick Ratio	1,07	1,08	1,09	1,17
Equity Ratio	0,09	0,09	0,11	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %